CANNEX compiles ongoing quotes from, what I believe to be, most insurance companies in Canada that market and sell life annuities.

65], other than that it represents one of the most popular life annuities purchased (and quoted) in practice.

And, if the typical (or average) insurance company prices life annuities using a static mortality table and based solely on the yield of a bond with a fixed duration, then deviations in [delta] over relatively short periods of time would be fully explained by changes in that particular bond yield, perhaps plus a random error term.

Enhancing the support we offer to bank representatives who sell New York Life annuities strengthens our position as market leader and showcases the strengths that have distinguished New York Life for generations - including the range and quality of our product offerings as well as excellence in customer service," said John Meyer, senior vice president, New York Life.

The Retirement Income Specialists will add to the success of the current wholesaling team who will continue to provide bank representatives with products, marketing support and sales training for the entire family of New York Life annuities distributed through banks.

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